Home | College Costs | Financial Aid | Awards | Award Letter Checklist

Award Letter Checklist

checklistFinancial Aid Award Letter

If you wish to receive loans, you must accept your aid on your Web for Student Account.

  • Select Financial Aid Tab
  • Financial Aid Menu 
  • Award Menu
  • Award for Aid Year
  • Select Aid Year
  • Read Conditions of Award
  • Select Accept Award Offer Tab and accept/decline the loans

checklistComplete your Master Promissory Note (MPN)

Oregon Tech participates in the direct lending program. Upon receiving your loan request from your signed award letter, we will electronically certify your loan. Prior to receiving funds you must complete a Master Promissory Note. You can complete your direct loan master promissory note at www.studentloans.gov. You will be required to use your U.S. Department of Education issued PIN (used on your FAFSA) to complete the electronic MPN.

Master Promissory Note

checklistComplete Loan Counseling

All students borrowing for the first time at Oregon Tech or borrowing in the Direct loan program for the first time must complete online entrance counseling at the following sites:

Stafford Loan Counseling

Perkins and Institutional Loan Counseling

checklistCheck your account for any other holds

Federal loan funds must be disbursed to your Oregon Tech student account within 3 days of their receipt at Oregon Tech. Holds on your student account may prohibit funds from being disbursed. Future disbursements of your loan may be cancelled and you may need to reapply for your loan if:

  • Your funds can not be released to your student account within 3 days of receipt at Oregon Tech
  • You cancel your first disbursement
  • You drop below six credits
  • You do not maintain satisfactory academic progress
  • You withdraw from school at anytime during the loan process

Dependent Students Only

checklistComplete the PLUS request form

If your parent wishes to participate in the Direct Parent Loan for Undergraduate Student (PLUS) program, they must sign and return the PLUS Request Form. A PLUS Request Form must be returned for each academic year that a parent wishes to participate in the PLUS program. The PLUS Request Form can be printed from:

PLUS Request Form

checklistComplete the PLUS MPN

Upon receiving your PLUS Request Form, we will electronically certify your PLUS loan eligibility. Prior to the lender electronically transferring your funds to Oregon Tech, your parent must log-on to the Direct Loan website and complete and electronically sign their MPN, using their Department of Education PIN.

PLUS MPN